1 / 11
1605 Madison, Bakersfield, CA 93307
$230K3bd · 1ba · 970 sqft
Lot 8,305 sqft•Single Family Residence•Active•18d on market•MLS# DW-26207542
1605 Madison, Bakersfield, CA 93307
MLS# DW-26207542•Residential•Single Family Residence
Active18 days on market
$229,999
3
Beds
1
Baths
970
Sq Ft
8,305
Lot Sq Ft
1961
Year Built
None
View
Property Description
Investors Deal!! House has tremendous upside potential in a calm neighborhood across from Casa Loma Elementary School. Big lot with endless possibilities, sold as-is and tenant occupied.
Features & Amenities
FeeBuilt 1961
Property Details
Land Type
Fee
Year Built
1961
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
None
Cooling
Central Air
View
None
Flooring
Tile
Roof
Shingle
City
Bakersfield
Zip Code
93307
County
Kern
Mortgage Calculator
Current Rates
$
$
%
Monthly Payment
$1,163.00
Principal & Interest
Loan Amount
$183,999
Total Interest
$234,681
Total Payment Over 30 Years
$418,680
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
1605 Madison, Bakersfield, CA 93307
Bakersfield · Single Family Residence
$230K
Affordable TierBeds
3
Baths
1
Sqft
970
Lot
8,305 sqft
Year
1961
$/Sqft
$237
Pool: No✓
Spa: No✓
View: None✓
Listed 17.9% below the median closed sale of $280,000. Price per sqft ($237) is a 15% discount to closed comps ($280). Closed comps sold at 100% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Price advantage
Subject listed at $230K· $237/sqft
Total list price
Closed comps
vs closed median $280K
−$50K (−17.9%)
Active comps
vs active median $310K
−$80K (−25.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $310
−$73 (−23.6%)
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 509 Larry | Bakersfield | 1955 | 3 | 1 | 934 | 7,346 | $320 | $299,000 | 10 | 93 |
| 1509 Murdock | Bakersfield | 1946 | 3 | 1 | 904 | 6,787 | $343 | $309,900 | 27 | 91 |
| 5812 Burke Way | Bakersfield | 1962 | 2 | 1 | 1,006 | 7,405 | $309 | $310,900 | 83 | 90 |
| 2325 Barnett | Bakersfield | 1950 | 3 | 1 | 1,081 | 7,873 | $296 | $320,000 | 0 | 90 |
| 3501 Bank Street | Bakersfield | 1950 | 3 | 1 | 1,058 | 5,824 | $283 | $299,000 | 28 | 88 |
| Total: 5 · Average | 2.8 | 1.0 | 996.6 | 7,047 | $310.2 | $307,760 | 29.6 | |||
| Median | 1,006 | $309,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2325 J | Bakersfield | 1956 | 09/17/2026 | 3 | 1 | 1,045 | 7,445 | $300,000 | $305,000 | $292 | 1.02 | 58 | 92 |
| 1610 Cunha | Bakersfield | 1958 | 09/21/2026 | 3 | 2 | 938 | 11,267 | $310,000 | $305,000 | $325 | 0.98 | 75 | 91 |
| 3023 Bucknell | Bakersfield | 1953 | 08/31/2026 | 3 | 1 | 1,112 | 6,974 | $265,000 | $275,300 | $248 | 1.04 | 44 | 88 |
| 309 Myrtle | Bakersfield | 1949 | 08/27/2026 | 3 | 1 | 1,142 | 6,568 | $284,900 | $280,000 | $245 | 0.98 | 82 | 88 |
| 1013 Delfino | Bakersfield | 1951 | 10/02/2026 | 3 | 2 | 898 | 5,107 | $260,000 | $260,000 | $290 | 1.00 | 43 | 87 |
| Total: 5 · Average | 3.0 | 1.4 | 1,027 | 7,472.2 | $285,060 | $285,060 | $280 | — | 60.4 | ||||
| Median | 1,045 | $280,000 | $280,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
AI-generated CMA
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.